Companies /Real Estate

Blackstone Mortgage Trust Inc - Class A

NYSE: BXMT Reit - Mortgage
$11.00
▲ $0.13 (+1.20%) today
Markets closed · 10:41pm ET

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BXMT at a Glance

Valuation
Market cap
$1.8B
Dividend yield
17.30%
Profitability
Revenue (TTM)
$146.1M
Profit margin
-256.7%
EPS (TTM)
$-2.23
Price
52-week range
$10 – $19
Street target
$16.64
Earnings
Q3 2026 EPS
$0.38
vs. $0.24 est.
+56.4%

Headquartered in New York, NY Fiscal year ends December NYSE: BXMT blackstonemortgagetrust.com

About Blackstone Mortgage Trust

Blackstone Mortgage Trust (NYSE: BXMT) is a commercial real estate finance company structured as a REIT.

**Business model:** It originates, acquires and manages senior loans and other credit-oriented investments collateralized by commercial real estate in North America, Europe and Australia. It earns income primarily from net interest on floating-rate loans, plus revenue from owned real estate acquired through loan resolutions.

**Portfolio:** As of September 30, 2026, the investment portfolio totaled $17.0 billion. It comprises 114 loans across multifamily, industrial, office, hospitality, retail, self-storage and life sciences collateral, plus owned real estate. The geographic mix is roughly US 65%, UK 13%, other EU 12% and Australia 7%.

**Expanding strategies:** BXMT is expanding into complementary real estate credit strategies through joint ventures with Blackstone-advised vehicles:
- A Net Lease JV for triple net lease properties
- A Bank Loan Portfolio JV that acquires performing CRE loans
- A Homebuilder Finance JV for single-family construction loans

It also holds investments in debt securities.

**Financing and management:** Financing comes from secured debt agreements, securitized debt, asset-specific debt, a Term Loan B, senior secured notes and convertible notes. The company is externally managed by BXMT Advisors L.L.C., a subsidiary of Blackstone. Updated

Revenue by Segment · Q3 2026
  1. Revenue from Owned Real Estate55%
  2. Income from Loans and Other Investments45%

BXMT Coverage

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Frequently Asked Questions

What does Blackstone Mortgage Trust do?

Blackstone Mortgage Trust (NYSE: BXMT) is a commercial real estate finance company structured as a REIT. **Business model:** It originates, acquires and manages senior loans and other credit-oriented investments collateralized by commercial real estate in North America, Europe and Australia.

What is the BXMT stock price target?

The Wall Street consensus 12-month price target for BXMT is $16.64.